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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

Post by glorieuxon Sep 07, 2011 11:37pm
269 Views
Post# 19020966

Maybe no hurry to buy

Maybe no hurry to buyBut there are good reasons to buy.  Will we see prices under $1.30 again, probably.  Is there much downside from here barring a collapse of world market, I do not think so.  I traded this a few times in the past and took a small position today under $1.30 which has seen good support in the past.  If we are staying under that mark tomorrow, I will be adding to my position, no doubt about it.  It may take a week or a month but the big boys will be buying this one at some point once their DD is done and we will get repriced accordingly.  This one also has been traded by many in the past.  If we get some volume tomorrow, do not be surprised to see the traders jump all over this and give us a good run for a few days.
Glorieux
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